AUTM released their 2009 report for technology transfer licensing activities. Of particular interest is the 596 start-up companies that were created in the middle of an economic recessision. This Survey suggests that in 2009 Bayh-Dole contributed to growth in an otherwise declining economy, created jobs, and helped fund future research.
Here are the U.S. Highlights:
The number of licenses executed increased 5.6 percent, whereas the number of options decreased 3.4 percent. Total licenses and options increased 3.8 percent. The number of startups was essentially unchanged.
Products, startups and licenses/options:
• 658 new commercial products launched
• 5,328 total licenses and options executed, 4,374 of which were licenses
• 596 startup companies formed, 435 of which had their primary place of business in the licensing institution’s home state
• 3,423 startups still operating as of the end of 2009
Technology Transfer Pipeline
Research expenditures continued to increase: total research and development spending increased 4.7 percent, federal expenditures increased 1.9 percent, and given the financial downturn, an 8.2 percent surge in industrial research funding was especially significant.
• $53.9 billion total sponsored research expenditures
• $33.3 billion in federally funded sponsored research expenditures
• $4.0 billion in industry-sponsored research expenditures
Intellectual Property Management
The number of disclosures received increased 1 percent.
• 20,309 disclosures
AUTM analyzed, in great depth — the areas within which the disclosures fell and was able to categorize 66 percent of the disclosures or 13,376.
Total U.S. patent applications filed decreased almost 4 percent, while new patent applications declined almost 1 percent. However, the number of foreign filings increased significantly, up almost 56 percent.
• 18,214 total U.S. patent applications
• 12,109 new patent applications
• 1,322 non-U.S. patent applications
The number of patents issued increased nearly 4 percent.
• 3,417 issued patents
Total license income decreased 32.5 percent in 2009. This decrease is largely due to 2008’s figures including substantial one time payments received by Northwestern University, City of Hope National Medical Center and Beckman Research Institute, Sloan Kettering Institute for Cancer Research and Children’s Hospital of Philadelphia. The decrease was across the board: Running royalties dropped 29.7 percent, cashed-in equity dropped 45 percent, and other income dropped 35.5 percent.
• Total income: $2.3 billion
• Running royalty: $1.6 billion
• Cashed-in equity: $24.4 million
• Other income: $362 million